RBC Capital analyst Bora Lee raised the firm’s price target on Cogent to $69 from $61 and keeps an Outperform rating on the shares. Cogent reported mixed Q4 financial results with revenues slightly better than expectations and EBITDA slightly below, the analyst tells investors in a research note.
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Read More on CCOI:
- Cogent increases quarterly dividend 1.1% to 92.5c per share
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